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20121027
20121104
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in better shape than its peers because of the actions of its government. perhaps the most important cause of america's relative health is the federal reserve. ben bernanke understood the depths of the problem early and responded energetically and creatively. the clearest vindication of his actions has been that the european central bank after charting an opposite course for three years with disastrous results, has now adopted policies similar to the fed's, and thus avoided a potential lehman-like clapgz in europe. the leading experts on financial crises argue that the united states is performing better than most countries in similar circumstances in history. consumers are paying down debt, and consumer confidence is at its highest levels since september, 2007. every american recovery since world war ii has been led by housing except this one. but finally, housing is back. two weeks ago, jamie dimon, chief executive of jpmorgan chase, declared that housing had turned the corner and predicted that as a consequence, economic growth in 2013 would be so strong that the fed would have to raise
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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